CREATIVE REALITIES INC
For the period ended Dec 31, 2023. Filed Mar 21, 2024.
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FY2023 · Filed Mar 21, 2024
CREX$2.15+3.4%Stored close · as of Nov 12, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
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(in thousands)
| December 31, | December 31, | |
|---|---|---|
| 2023 | 2022 | |
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | $2,910 | $1,633 |
| Accounts receivable, net | 12,468 | 8,263 |
| Inventories, net | 2,567 | 2,267 |
| Prepaid expenses and other current assets | 665 | 1,819 |
| Total Current Assets | 18,610 | 13,982 |
| Property and equipment, net | 499 | 201 |
| Goodwill | 26,453 | 26,453 |
| Other intangible assets, net | 24,062 | 23,752 |
| Operating lease right-of-use assets | 1,041 | 1,584 |
| Other non-current assets | 112 | 43 |
| Total Assets | $70,777 | $66,015 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current Liabilities: | ||
| Accounts payable | $7,876 | $3,757 |
| Accrued expenses and other current liabilities | 3,761 | 3,828 |
| Deferred revenues | 1,132 | 1,223 |
| Customer deposits | 3,233 | 2,478 |
| Current maturities of operating leases | 505 | 711 |
| Short-term portion of Secured Promissory Note | - | 1,248 |
| Short-term portion of related party Consolidation Term Loan, net of $747 and $745 discount, respectively | 3,690 | 1,251 |
| Short-term related party Term Loan (2022) | - | 2,000 |
| Total Current Liabilities | 20,197 | 16,496 |
| Long-term Secured Promissory Note | - | 208 |
| Long-term related party Acquisition Term Loan, net of $787 and $1,484 discount, respectively | 9,213 | 8,516 |
| Long-term related party Consolidation Term Loan, net of $94 and $840 discount, respectively | 616 | 4,349 |
| Long-term obligations under operating leases | 536 | 873 |
| Contingent consideration, at fair value | 11,208 | 9,789 |
| Other non-current liabilities | 176 | 205 |
| Total Liabilities | 41,946 | 40,436 |
| Shareholders' Equity | ||
| Common stock, $0.01 par value, 66,666 shares authorized; 10,409 and 7,266 shares issued and outstanding, respectively | 104 | 72 |
| Additional paid in capital | 82,073 | 75,916 |
| Accumulated deficit | (53,346) | (50,409) |
| Total Shareholders' Equity | 28,831 | 25,579 |
| Total Liabilities and Shareholders' Equity | $70,777 | $66,015 |
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